About True Green Bio Energy Ltd 
True Green Bio Energy Ltd
Micro Cap
Garments & Apparels
True Green Bio Energy Limited was initially incorporated as Nova Polyyarn Limited' on December 17, 2023. Resulting the Scheme of Arrangement, name of the Company was changed from Nova Polyyarn Limited to CIL Nova Petrochemicals Limited and has presently changed its name from CIL Nova Petrochemicals Limited to True Green Bio Energy Limited in FY 2025.
Company Coordinates 
Company Details
Survey No 396(P) 395/4(P), Moraiya Village Tal Sanand Ahmedabad Gujarat : 382210
Registrar Details
Capital Structure 
Present Equity Capital
INR 27.10 Cr
Number of Shares
2.71 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
24-Oct-2016
2.71
27.10
13550000
10
Right Issues
24-Oct-2016
2.71
27.10
13550000
10
Right Issues
05-Dec-2013
1.35
13.55
-13550000
10
Consolidation of Shares
05-Dec-2013
1.35
13.55
-13550000
10
Consolidation of Shares
26-Oct-2009
1
0.05
50000
5
DeMerger
26-Oct-2009
2.71
13.55
27000000
5
DeMerger
26-Oct-2009
1
0.05
50000
5
DeMerger
26-Oct-2009
2.71
13.55
27000000
5
DeMerger
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
57.4967
Mutual Funds
Held by 0 Schemes
FIIs
Held by 9 FIIs (25.72%)
Promoter with highest holding
Chiripal Exim Llp (18.92%)
Highest Public shareholder
Vikasa India Eif I Fund (9.21%)
Individual Investors Holdings
8.21%
Management
Designation
Remuneration
Jyotiprasad Chiripal
Executive Chairman
0
Murli R. Goyal
Independent Director
0
Chinar Rajkumar Jethwani
Independent Director
80.0 k
Pooran Singh Mathuria
Whole-time Director
19.67 lacs
Foram Sagar Bhuva
Company Sec. & Compli. Officer
0
Chintan Patel
Independent Director
80.0 k
Pooja Shah
Independent Director
80.0 k
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Purchases of Stock in Trade
8.0375
0%
Purchases of Stock in Trade
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Fully Draw Yarn/Partially Oriented Polyester Filament Yarn (POY)
243.13
97.05%
Traded Goods
6.67
2.66%
Scrap
0.71
0.28%
Fully Draw Yarn/Partially Oriented Polyester Filament Yarn (POY)
Fully Draw Yarn/Partially Oriented Polyester Filament Yarn (POY)
Traded Goods
Traded Goods
Scrap
Scrap
Revenue and Profits:
Net Sales:
2 Cr
(Quarterly Results - Sep 2025)
Net Profit:
1 Cr
Garments & Apparels
INR 209 Cr (Micro Cap)
NA (Loss Making)
22
0.00%
1.85
-0.65%
1.63






